CHANGZHOU, China, Jan. 23 /PRNewswire-Asia-FirstCall/ -- Trina Solar Limited (NYSE: TSL - News; "Trina Solar" or the "Company"), a leading integrated manufacturer of solar photovoltaic products from the production of ingots, wafers and cells to the assembly of PV modules, today announced the following updates relating to its previously stated operational targets to be reached in the fourth quarter of 2008.
Fourth Quarter 2008 Operational Highlights:
-- Achieved estimated solar module shipment target of between 55 MW and
60 MW
-- Reduced solar module non-silicon manufacturing costs by approximately
$0.13 per watt
"Despite lower module selling prices and margin pressure faced amidst a
challenging global economic environment, we are very pleased with our
performance delivered in the fourth quarter," said Mr. Jifan Gao, Chairman and
CEO of Trina Solar, "The strategy to accelerate the reduction of our
non-silicon production costs without compromising quality has been successful
and will continue as a primary focus for Trina Solar beyond 2009. Our capacity
utilization efficiency, coupled with our geographical diversification, ability
to sell directly to large system integrators and our strong relationship with
established customers in their respective market also helped us achieved our
shipment target. Additionally, our new warehouse operations, which commenced
in November 2008, assisted efforts to achieve our shipment target by
shortening order-to-delivery time for our European customers."
January 23, 2009
Trina Solar Announces Operational Highlights
Posted by Admin at 9:22 AM
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